BCUS vs HELO
Bancreek US Large Cap ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, BCUS or HELO?
HELO has been ahead.
HELO has a lower expense ratio. HELO led over 1Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 40.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCUS | HELO |
|---|---|---|
| Expense Ratio | 0.70% | 0.50%Best |
| AUM | $149M | $4.9B |
| Dividend Yield | 0.10% | 0.57% |
| Holdings | 62 | 156 |
| YTD Return | +2.72% | +4.91%Best |
| 1Y Return | +2.65% | +7.68%Best |
| 3Y Return (annualized) | - | +11.88% |
| Volatility (annualized) | 12.6% | 6.9%Best |
| Max Drawdown | -18.2% | -10.9%Best |
| $10,000 over 2.8 years | $13,340 | $13,367Best |
| Top 10 Weight | 40.8% | 40.1%Best |
| Fund Family | Bancreek Capital Advisors | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 20, 2023 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 21, 2023 to Oct 14, 2026 (2.8 years).
BCUS vs HELO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
BCUS vs HELO Performance
Bancreek US Large Cap ETF (BCUS) is an ETF from Bancreek Capital Advisors and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year BCUS returned +2.65% while HELO returned +7.68%. Year to date, BCUS is up 2.72% versus a gain of 4.91% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCUS has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 6.9% for HELO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.2% for BCUS and -10.9% for HELO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCUS charges 0.70% per year while HELO charges 0.50%. On a $10,000 position that is $70 vs $50 annually, a gap of $20 per year that compounds over a long holding period. On income, BCUS currently yields 0.10% against 0.57% for HELO.
Holdings Overlap
35.0% of BCUS's money is in holdings HELO also owns. 16.6% of HELO's money is in holdings BCUS also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 30 positions we hold weights for in BCUS and 146 in HELO, against full books of 62 and 156.
What only one of them owns
Our book lists 133 positions for HELO that do not appear in our book for BCUS (81.8% of the fund), and 16 for BCUS that do not appear in HELO (51.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BCUS | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.32% | 8.17% | 3.85% |
| METAMeta Platforms Inc | 4.53% | 2.31% | 2.22% |
| AVGOBroadcom Inc | 3.95% | 2.64% | 1.31% |
| HWMHowmet Aerospace | 4.06% | 0.69% | 3.37% |
| APHAmphenol Corp. Class A | 3.13% | 0.63% | 2.50% |
| ECLEcolab, Inc. | 2.99% | 0.65% | 2.34% |
| HLTHilton Worldwide Holdings Inc. | 3.15% | 0.46% | 2.69% |
| VRTVertiv Holdings Co | 2.96% | 0.53% | 2.43% |
| APPAppLovin Corp. Com Cl A | 3.33% | 0.10% | 3.23% |
| NFLXNetflix, Inc. | 2.62% | 0.46% | 2.16% |
35.0% of BCUS is already inside HELO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCUS or HELO?
BCUS has an expense ratio of 0.70% while HELO charges 0.50%. HELO is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BCUS or HELO?
Over the past year BCUS returned +2.65% vs +7.68% for HELO, so HELO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCUS or HELO?
BCUS has been the more volatile fund at 12.6% annualized versus 6.9% for HELO. Worst drawdown: BCUS -18.2% vs HELO -10.9%.
Should I hold both BCUS and HELO?
BCUS and HELO have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BCUS and HELO?
35.0% of BCUS's money is in holdings HELO also owns. 16.6% of HELO's is in holdings BCUS also owns. They hold 10 positions in common, counted across the 30 positions we hold weights for in BCUS and 146 in HELO.
Which pays a higher dividend, BCUS or HELO?
BCUS yields 0.10% while HELO yields 0.57%, so HELO currently pays the higher dividend yield.
Is HELO better than BCUS?
HELO has a lower expense ratio. HELO led over 1Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.